Tier 1 Graduate entrepreneur to Tier 1 E

[samira_uk]

Hi All,

I have two questions, I've read the guidance but real world applications are more helpful in such situations:

1-Applicants switching from Tier 1 Graduate entrepreneur should have been active in their proposed business activities? Guidance clearly says no, but someone said without prove of business activity refusal is so likely.
2-Application is relying on fresh £50K investment which is held in a bank account in the UK. She has spent some money into the business so far but she wants to rely on the £50K and uses the spent amount as a proof that she is serious. In this case, does she have to submit unaudited accounts?

Thanks